Sunday, October 17, 2021  | 10 Rabiulawal, 1443
Samaa TV
Facebook Twitter Youtube
HOME > Money

Waqar Zaka moves court to remove ban on digital currency

State Bank submits reply in case

SAMAA | - Posted: Jan 29, 2020 | Last Updated: 2 years ago
SAMAA |
Posted: Jan 29, 2020 | Last Updated: 2 years ago

Photo: AFP

Waqar Zaka, a social worker and TV show host, has filed a case in the Sindh High Court asking for the removal of the ban on cryptocurrency in Pakistan.

The petitioner has said that digital currency will bring in more investment into the country.

The State Bank of Pakistan, in its reply, has said that many people in the country aren’t educated because of which digital currency can be used to scam them. The trade of cryptocurrency may lead to money laundering, he said.

The court has asked for the FBR’s detailed reply in the case.

The State Bank had imposed the ban in April 2018.

FaceBook WhatsApp
 
HOME  
 
 

3 Comments

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp
 

 
 
 

MOST READ
MOST READ
Govt increases petrol prices to record high of Rs137.79
Govt measures ineffective, dollar starts gaining value again
 
 
 
 
 
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs   |   Authors   |   Comment Policy
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp